BRIEF: Egypt's Palm Hills Raises EGP 1.26 Bln Through Capital Increase Subscription

PALM HILLS DEVELOPMENTS COMPANY PHDC.CA :

* RAISES EGP 1.26 BILLION THROUGH 80.71 PERCENT SUBSCRIPTION ON FIRST PHASE OF CO'S CAPITAL INCREASE SUBSCRIPTION

Source: (https://bit.ly/2zgnzNI) Further company coverage: PHDC.CA

((Reuters.Briefs@thomsonreuters.com;))